https://www.fool.com/investing/2023/12/05/if-you-invested-2000-in-ibm-in-2020-this-is-how-mu/
So, if you bought it in 2020, you are up. But if you bought it in 2013 then ??
4 replies (most recent on top)
"If you had invested $2,000 in Big Blue on that fateful day, your investment would have grown to more than $2,900. If you had also reinvested your dividends, your investment would be worth more than $3,500. "
$1500 for waiting 20 years of maturity; thats a whooping $75 bucks a year....that'll come in handy after taxes and inflation.
"Should you invest $1,000 in IBM right now?" HE-L NO!!!
I remember years ago watching Ginny and other execs all dumping a bunch of theirs. Figured the fix was in. That’s when I dumped all of mine around $195 I think. Hasn’t been back there since.
And yet the S&P 500 has done better over that time as well….